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Bowling Prize Fund Calculator Form

Bowling Prize Fund Calculator Form

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Video instructions and help with filling out and completing Bowling Prize Fund Calculator Form

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Instructions and help about bowling league prize fund examples

[Music] on screen now is the equation for expected value what you might think when you first look at this equation is it looks pretty complicated you're probably thinking what's that symbol there right but i'm going to break this equation down one step at a time to show you what each variable in this equation means and to show you how to use it to calculate if your bet would be profitable and worth placing this video is going to look at expected value when you're looking at betting only however the term is used in poker and for general investing and trading but like i said this video is focusing on using this equation for calculating bets only when we're talking about sports betting expected value can be defined as your anticipated return on a bet another way to look at this is that the expected value of a bet is also the average profit you would make on that bet if you place that bet say an infinite number of times the most important thing that you need to take from this video is that

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